Fluctuations in Overseas Business Earnings and Foreign Exchange Impact
First written in FY2024-Q1. 4 of 8 entries say "Worsened", first in FY2024-H1. Latest entry: 2026-08-14.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- 2026-08-14WorsenedEarnings
「In the overseas business, revenue from external customers declined, but intra-group revenue increased, resulting in higher total revenue. On the cost side, personnel expenses increased at some subsidiaries because of higher headcount and wage rates, while fluctuations in exchange rates resulted in foreign exchange losses.」
Total revenue increased due to higher intra-group revenue, but the segment loss widened because of lower external-customer revenue, higher personnel expenses and foreign exchange losses. - FY2026-H1WorsenedAnnual report
「In the overseas business, revenue from external customers declined, but intra-group revenue increased, resulting in higher total revenue. On the cost side, personnel expenses increased at some subsidiaries because of higher headcount and billing rates, while foreign-exchange losses arose from exchange-rate movements. As a result, revenue was ¥222.703 million, up 5.0% year on year, and segment loss (operating loss) was ¥30.975 million, compared with a loss of ¥0.913 million in the previous year.」
Revenue increased 5.0% year on year because of higher intra-group revenue, but the segment loss widened from ¥0.913 million to ¥30.975 million because of lower external-customer revenue, higher personnel expenses and foreign-exchange losses. - 2026-05-15MaterialisedEarnings
「In the overseas business, revenue from external customers declined, but intra-group revenue increased, leaving total revenue broadly flat. On the cost side, personnel expenses increased at some subsidiaries because of higher headcount and wage rates, while fluctuations in exchange rates resulted in foreign exchange losses.」
The overseas business recorded lower external-customer revenue, higher personnel expenses and foreign exchange losses, resulting in a segment loss of ¥15.958 million. - FY2025WorsenedAnnual report
「In the overseas business, revenue from external customers declined, but revenue from development and maintenance projects for group companies and contracted R&D increased. On the cost side, personnel expenses increased because a new subsidiary was established in Poland and because headcount and billing rates rose at some subsidiaries. Costs increased by more than revenue.」
External-customer revenue declined, while development and maintenance projects for group companies and contracted R&D increased. Costs related to the new Polish subsidiary and higher headcount and billing rates increased more than revenue, and operating profit declined 38.5% year on year. - FY2025-H1MitigatedAnnual report
「In the overseas business, revenue from external customers declined slightly, but revenue from development and maintenance projects for group companies increased. On the cost side, personnel expenses increased at some subsidiaries because of higher headcount and billing rates.」
Although external-customer revenue declined slightly, development and maintenance projects for group companies increased, reducing the segment loss from ¥4.732 million in the previous year to ¥0.913 million. Higher personnel expenses remained a factor. - FY2024MitigatedAnnual report
「In the overseas business, revenue from both external customers and intra-group customers increased. At the same time, expenses including personnel and rent increased partly because the yen weakened. As a result, revenue was ¥438.053 million, up 12.0% year on year, and operating profit was ¥25.421 million, up 1,547.3%.」
The overseas business recovered from the segment loss recorded in the previous interim period, as both external-customer and intra-group revenue increased and operating profit reached ¥25.421 million. The recognition of higher expenses due to the weaker yen remained. - FY2024-H1WorsenedAnnual report
「In the overseas business, revenue from external customers increased, but intra-group revenue declined. At the same time, expenses including personnel and rent increased partly because the yen weakened. As a result, revenue was ¥200.386 million and segment loss (operating loss) was ¥4.732 million.」
The increase in expenses due to the weaker yen and the decline in intra-group revenue despite higher external-customer revenue were reconfirmed. The overseas business recorded revenue of ¥200.386 million and a segment loss of ¥4.732 million in the interim period. - FY2024-Q1MaterialisedAnnual report
「In the overseas business, revenue from external customers increased, but intra-group revenue declined. At the same time, expenses including personnel and rent increased partly because the yen weakened.」
External-customer revenue and intra-group revenue moved in opposite directions, while the weaker yen increased personnel, rent and other expenses.